Loading...
HomeMy WebLinkAbout2010-7-7704ORDINANCE NO. 2010-7-7704 AN ORDINANCE AUTHORIZING AND APPROVING THE PURCHASE OF 9.3796 ACRES OF REAL PROPERTY LOCATED AT 2605 CAIRO ROAD, PADUCAH, McCRACKEN COUNTY, KENTUCKY, FROM CHAMBERS ROOFING CO, INC., FOR THE DEVELOPMENT OF A PUBLIC PROJECT WHEREAS, the Board of Commissioners of the City of Paducah has determined that it is necessary, appropriate, or in the best interest of the City to purchase the real property located at 2605 Cairo Road, Paducah, McCracken County, Kentucky which is more particularly described on Exhibit "A," attached hereto (the "Property"), for purposes of the development of the Greenway Trail (the "Public Project"); and WHEREAS, the Board of Commissioners of the City of Paducah has reached an agreement for the purchase of the Property with Chambers Roofing Co., Inc., (the "Chambers") for the purchase price of Sixty Thousand Dollars ($60,000.00); and WHEREAS, the Board of Commissioners of the City of Paducah concur and find that the purchase of the Property for the purchase price of Sixty Thousand Dollars ($60,000.00) is in the best interest of the City. BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. The Board of Commissioners of the City of Paducah hereby approves and consents to the purchase and acquisition of the Property from the Chambers, for the purchase price of Sixty Thousand Dollars ($60,000.00). It is hereby found and determined that the acquisition is public property to be used for the public purposes of the City. It is further determined that the Mayor, on behalf of the City of Paducah, Kentucky, is hereby authorized to execute the general warranty deed and any other documents necessary to accomplish and consummate the purchase and acquisition of the Property from the Chambers in accordance with this Ordinance. SECTION 2. That the Board of Commissioners of the City of Paducah further authorizes the purchase of the Property for the purchase price of $60,000. SECTION 3. The Finance Director is hereby authorized to make said expenditure approved in Section 2 from project account PA0078. SECTION 4. Corporate Counsel is hereby authorized to conduct such due diligence and investigation as it deems necessary and in the best interest of the City. Further Corporate Counsel is authorized to prepare the general warranty deed and any other documents necessary to accomplish and consummate the purchase and acquisition of the Property from the Chambers in accordance with this Ordinance. SECTION 5. If any section, paragraph or provision of this Ordinance shall be held to be invalid or unenforceable for any reason, the invalidity or unenforceability of such section, paragraph or provision shall not affect any of the remaining provisions of this Ordinance. SECTION 6. This City Commission hereby finds and determines that all formal actions relative to the adoption of this Ordinance were taken in an open meeting of this City Commission, and that all deliberations of this City Commission and of its committees, if any, which resulted in formal action, were in meetings open to the public, in full compliance with applicable legal requirements. SECTION 7. All ordinances, resolutions, orders or parts thereof in conflict with the provisions of this Ordinance are, to the extent of such conflict, hereby repealed and the provisions of this Ordinance shall prevail and be given effect. SECTION S. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter 424. A TEST: aAa Tammara S. Brock, City Clerk Introduced by the Board of Commissioners, June 22, 2010 Adopted by the Board of Commissioners, July 13, 2010 Recorded by City Clerk, July 13, 2010 Published by The Paducah Sun, July 19, 2010 \ord\parks\property-Greenway Trail -2605 Cairo Rd E EXHIBIT "A" TRACT A CONTAINING 9.3796+/- ACRES AS SET FORTH ON THE WAIVER OF SUBDIVISION OF THE CHAMBERS ROOFING CO., INC., PROPERTY FOR THE CITY OF PADUCAH, PREPARED BY FLORENCE AND HUTCHESON, INC., AND DATED NOVEMBER 23, 2009, OF RECORD IN MISCELLANEOUS PLAT SECTION , PAGE IN THE MCCRACKEN COUNTY COURT CLERK'S OFFICE. BEING A PART OF THE SAME PROPERTY CONVEYED TO CHAMBERS ROOFING CO., INC., BY DEED DATED DECEMBER 15, 2005, OF RECORD IN DEED BOOK 1082, PAGE 538, MCCRACKEN COUNTY COURT CLERK'S OFFICE. 3